Iowa Code (Last Updated: December 05, 2016)

Section 546.3. Banking division.

Latest version.

1. The banking division shall regulate and supervise banks under chapter 524, debt management licensees under chapter 533A, money services under chapter 533C, delayed deposit services under chapter 533D, mortgage bankers and brokers under chapter 535B, regulated loan companies under chapter 536, and industrial loan companies under chapter 536A, and shall perform other duties assigned to the division by law. The division is headed by the superintendent of banking who is appointed pursuant to section 524.201. The state banking council shall render advice within the division when requested by the superintendent.
2. The banking division shall administer and manage the professional licensing and regulation bureau within the division. The division shall separately account for funds of the bureau. However, the division may allocate costs for administrative, technical, support, and other shared services across the entire division.
86 Acts, ch 1245, §703
; 91 Acts, ch 63, §5
; 2004 Acts, ch 1141, §32
; 2006 Acts, ch 1177, §50
; 2007 Acts, ch 88, §45
; 2012 Acts, ch 1017, §151

                    
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